Can someone explain at this point, why anyone should care about Bitcoin or any cryptocurrency at all? People aren't using it, you still have everyone in the community only wanting to use it as a get rich quick scheme, and the entire community is divided as to which coins should be used and which ones should have value.
Please, explain to me, why it wouldn't just go down a few thousand more dollars at this rate? The SEC sees how fucking stupid this market is, normies see how fucking stupid the market is after losing their savings, and the only people left are those that just want to get bitcoin and crypto to trade it for fiat.
I just sat back and started thinking about it seriously now. Yes, I suppose it can be useful for cross border payments, and quickly transferring money overseas, but it's going to take everyone that's holding it to just make money getting flushed out before you get people actually using it for its intended purpose.
I'm shorting the shit out of bitcoin so at least I have a ton more than I did this time last year. Wait for another year or two, and hopefully all discussion and hopes and dreams about "making it" with crypto will be gone by then so we can actually have a market reset.
>Can someone explain at this point, why anyone should care about Bitcoin or any cryptocurrency at all? because no one is happy being robbed by inflation and other cheats the govs and fiat top pyramid operators have.
if you aren't buying into money that's harded to cheat and easier to transfer, you are a fucking retard
Austin Ross
Can someone explain at this point, why anyone should care about Bitcoin or any cryptocurrency at all? People aren't using it, you still have everyone in the community only wanting to use it as a get rich quick scheme, and the entire community is divided as to which coins should be used and which ones should have value.
Please, explain to me, why it wouldn't just go down a few thousand more dollars at this rate? The SEC sees how fucking stupid this market is, normies see how fucking stupid the market is after losing their savings, and the only people left are those that just want to get bitcoin and crypto to trade it for fiat.
I just sat back and started thinking about it seriously now. Yes, I suppose it can be useful for cross border payments, and quickly transferring money overseas, but it's going to take everyone that's holding it to just make money getting flushed out before you get people actually using it for its intended purpose.
I'm shorting the shit out of bitcoin so at least I have a ton more than I did this time last year. Wait for another year or two, and hopefully all discussion and hopes and dreams about "making it" with crypto will be gone by then so we can actually have a market reset.
And that's currently worth over 6 grand? I'm not denying it's useful, but it seems like we're nowhere near the point where the general public would come rushing back to buy it at this point. The price is not stable, honestly I'd be concerned right now about its continued survival looking at it from the outside. It's done nothing but go down and down and down all year, why would someone decide to put money in now, instead of just waiting for everyone to give up on it?
Ryder Hernandez
Can someone explain at this point, why anyone should care about Bitcoin or any cryptocurrency at all? People aren't using it, you still have everyone in the community only wanting to use it as a get rich quick scheme, and the entire community is divided as to which coins should be used and which ones should have value.
Please, explain to me, why it wouldn't just go down a few thousand more dollars at this rate? The SEC sees how fucking stupid this market is, normies see how fucking stupid the market is after losing their savings, and the only people left are those that just want to get bitcoin and crypto to trade it for fiat.
I just sat back and started thinking about it seriously now. Yes, I suppose it can be useful for cross border payments, and quickly transferring money overseas, but it's going to take everyone that's holding it to just make money getting flushed out before you get people actually using it for its intended purpose.
I'm shorting the shit out of bitcoin so at least I have a ton more than I did this time last year. Wait for another year or two, and hopefully all discussion and hopes and dreams about "making it" with crypto will be gone by then so we can actually have a market reset.
There are too many kids and retards still.
Jack James
it's useful but it's also money which
A) has no third party fail safes (e.g. you can't get account access back) B) you still can't use for almost anything in normie world
the reality is mostt normies don't care about muh fiat or muh inflation muh fraud and you can't expect them to share the priorities of internet libertarians enough that they'll abandon the safety of currency they can buy stuff with and is insured by other people
Matthew Jenkins
wait 3 years, it will change and gon on mega bull run. but it wont like this for all reasons you stated. when most faggots are gone, we moon. cant wait to hold 20 btc and sit comfy
Ayden Hughes
1btc is 6 grand but that's only a single unit of bitcoin so it means nothing. INSTEAD YOU CAN GET 1000 SATOSHIS FOR ONLY 6 CENTS!!!
Luke Campbell
Can someone explain at this point, why anyone should care about Bitcoin or any cryptocurrency at all? People aren't using it, you still have everyone in the community only wanting to use it as a get rich quick scheme, and the entire community is divided as to which coins should be used and which ones should have value.
Please, explain to me, why it wouldn't just go down a few thousand more dollars at this rate? The SEC sees how fucking stupid this market is, normies see how fucking stupid the market is after losing their savings, and the only people left are those that just want to get bitcoin and crypto to trade it for fiat.
I just sat back and started thinking about it seriously now. Yes, I suppose it can be useful for cross border payments, and quickly transferring money overseas, but it's going to take everyone that's holding it to just make money getting flushed out before you get people actually using it for its intended purpose.
I'm shorting the shit out of bitcoin so at least I have a ton more than I did this time last year. Wait for another year or two, and hopefully all discussion and hopes and dreams about "making it" with crypto will be gone by then so we can actually have a market reset.
There are too many kids and retards still.
Camden Carter
idiots dont see value of gold?
gold you can send across globe?
weird.
Jason Jenkins
people are using it you are just a Brainlet fuck who gets all information from reddit or some retard on Twitter
Ian Diaz
I don't care what normies use it for. As long as I can securely store my wealth on it, and I can, I'm fine.
You said it: secure value transfer across international borders without government interference. Electronic payment is nothing - already a thing. So the first thing is the important part - avoiding the government. Monero already fills that roll, accepted on all DNMs and by drug dealers everywhere. So it's already hit it's stable organic usage point, no massive gains left there. And Btc was deliberately crippled, so that's not gonna replace anything (and before you start Cashies, nobody gives a shit, just because kikes killed Btc doesn't mean anyone wants your chink scam). So cryptocurrency is done.
Big potential gains are in dapps & smart contracts from now on. Lots of growing interest in decentralised or censorship resistant platforms. Since the Left purged guys like Alex Jones, shit like BitChute, Minds, Gab etc are going through the roof as boomer conservatives suddenly realise the whole "if you aren't a criminal, you've got nothing to hide" line is some commie bullshit. They're not dapps though (BitChute partially is & Minds has an integrated currency) so there's potential for real dapps to provide even more secure services.
Michael James
DGX for the win.
Luke Smith
>People aren't using it
I am. Its easier to monetize content and it makes it so I get upvote power on steemit. Its pretty nice.
Jonathan Walker
>So cryptocurrency is done.
Dapps like games and social media are awesome though.
David Taylor
>Big potential gains are in dapps & smart contracts from now on. Lots of growing interest in decentralised or censorship resistant platforms. Since the Left purged guys like Alex Jones, shit like BitChute, Minds, Gab etc are going through the roof as boomer conservatives suddenly realise the whole "if you aren't a criminal, you've got nothing to hide" line is some commie bullshit. They're not dapps though (BitChute partially is & Minds has an integrated currency) so there's potential for real dapps to provide even more secure services.
I mostly agree on all of these points. But having coins like Monero can be useful for dapps to use. I suggested an interesting solution for scaling when it comes to slower coins like Bitcoin and Monero.
If you make wallets of specific denominations then its possible to trade those wallets using a dapp. WHich offers some interesting ways to think about it.
Imagine physical cryptocurrency as well. Anyway, the main thing is that pure currency coins can be useful tools for dapps platforms as well.
Christopher Anderson
mining costs $6k minimum as evidenced by the fact that bitcoin always hovers just high enough for miners to profit off of it.
Caleb Davis
Fuck yeah. Been holding a damn good value compared to all this other shit
Anthony Smith
Unsure what the excuse for ether is then. Shits not profitable at all rn.
